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Riyadh proptech Munjz closes $5M Series A Pivoted from B2C handyman app to B2B SaaS in 2021 Clients include McDonald's, Dunkin' and DHL Manages 20,000+ residential units Arabic-first CAFM + PMS on 100% Saudi cloud Saudi FM market projected at $35B by 2028 Expanding to Egypt and Abu Dhabi Riyadh proptech Munjz closes $5M Series A Pivoted from B2C handyman app to B2B SaaS in 2021 Clients include McDonald's, Dunkin' and DHL Manages 20,000+ residential units Arabic-first CAFM + PMS on 100% Saudi cloud Saudi FM market projected at $35B by 2028 Expanding to Egypt and Abu Dhabi
Company Dossier  /  Proptech  /  Kingdom of Saudi Arabia
Munjz logo

MunjzFM & PM Technology - the operating system for Saudi Arabia's buildings

A cloud platform that turns the messy work of maintaining property - the work orders, the spare parts, the vendors, the tenants - into one Arabic-first dashboard.

Founded 2017 Riyadh, KSA $5M Series A CAFM + PMS SaaS

MUNJZ, RIYADH - The company logo, photographed against studio white. Behind the mark sits a wager: that the least glamorous corner of real estate, the part where someone has to fix the air-conditioning and prove it got fixed, is a market worth building software for.

$5MSeries A (2023)
500+Companies on platform
15+Saudi cities served
20,000+Units under management
The Dispatch

The software nobody sees, running the buildings everybody uses

Walk into a McDonald's in Riyadh, a DHL depot, or a residential tower with thousands of units, and you will never notice Munjz. That is precisely the point. The Saudi proptech company builds the layer of software that decides who fixes the broken thing, tracks the part that replaced it, pays the contractor who installed it, and records that all of it happened. It is unglamorous, essential plumbing - and Munjz has spent nearly a decade betting that whoever owns that plumbing owns a large and stubbornly analog market.

Founded in Riyadh in 2017 by Abdullah AlDaij, alongside co-founders Ali AlHammali and Jasem Alomran, Munjz did not start as enterprise software at all. It began as a consumer app - a way for a homeowner to summon an approved technician the way you might hail a ride. The founders learned something in those early years that reshaped the whole company: the real complexity, and the real money, was not with the homeowner ordering one repair. It was upstairs, with the operators managing thousands of doors on spreadsheets, phone calls, and WhatsApp threads.


The Turn

Burning down the first business model

In late 2021, Munjz did the thing most startups only talk about. It abandoned the customers it started with. The company pivoted from a business-to-consumer marketplace into a business-to-business proptech firm, rebuilding itself around a platform for the operators who run property at scale. It was not a feature release. It was a change of identity.

We pivoted our business model to be in the business-to-business sector and classify our company as a proptech company. Our vision is to digitalize vertical industry businesses by providing software and services simultaneously.

- Abdullah AlDaij, CEO & Founder, Munjz

That last phrase - software and services simultaneously - is the quiet strategy inside Munjz. Plenty of companies sell property software. Munjz pairs the platform with the service layer that actually gets work done, which is how it lands enterprise clients who do not want a tool so much as a working system. By early 2023, the bet was paying off enough to attract institutional capital.

Follow the Money

A $5 million Series A, and a market that keeps growing

In February 2023, Munjz closed a $5 million Series A round. The backers read like a map of Saudi proptech conviction: Vision Ventures, Almajdiah Investment Co., and the Watheeq Proptech Fund, alongside undisclosed lead investors. The company said it would put the money into product, technology, and building out the organization - the unsexy work of turning a pivot into a durable business.

The timing tracks a larger story. Saudi Arabia's property management sector was valued at roughly $23 billion in 2021 and is projected to reach $35 billion by 2028. Most of that spending still runs on paper and improvisation. Munjz's thesis is that the winner is whoever makes the boring parts invisible first.

2021
$23B
2028 (proj.)
$35B
Saudi property management market size. Source: industry projections cited by Munjz.
What They Build

Three products, one property ecosystem

Munjz organizes its world into three connected products: one for the operator, one for the resident, and one for the vendor. Together they close the loop on how a building actually gets maintained.

Flagship / CAFM + PMS

Munjz Connect

The core cloud platform. Work orders, preventive maintenance scheduling, asset and inventory tracking, vendor management, workforce scheduling, tenant management, and accounting - unified across multiple sites and teams, with Arabic-first design and live KPI dashboards.

Consumer

Munjz Now

The on-demand app where the company began: home and property maintenance services delivered through approved providers, now feeding the broader operator ecosystem.

Marketplace

Munjz Market

A network connecting vendors and service companies with operators - spare parts, specialized trades, and the supply side that keeps buildings running.

IoT

Smart Look

The sensor layer. IoT device integration for live site monitoring, real-time property insights, and predictive maintenance that flags failures before they become emergencies.


The Moat

Why Arabic-first was the real advantage

Global facility-management platforms - MRI Software, Yardi, IBM Maximo, Fracttal - are capable and well-funded. But most were built English-first and adapted outward. Munjz went the other way. It was Arabic-first by default and hosted 100% on Saudi cloud infrastructure, built for the workflows, language, and data-residency expectations of its home market rather than retrofitted to them.

For a Saudi property operator or government body, that is not a cosmetic difference. It is the difference between a tool your field team can actually use and one they route around. Munjz reports 99.9% uptime and a 4.9/5 customer rating on its own metrics - figures worth reading as company-stated rather than audited, but consistent with a product built close to its users.

The short version of the differentiation:

• Arabic-first UX, not a translation.
• 100% Saudi cloud hosting and data residency.
• Software and services, delivered together.
• Purpose-built for KSA's vertical industries.
• Local partnerships that open doors global vendors can't.

Who Uses It

From burger chains to 20,000-unit portfolios

Munjz's customer base spans government and public services, healthcare, education, industrial and logistics, retail and restaurant chains, hospitality, and large residential portfolios. Among the names it has onboarded:

McDonald'sDunkin'DHLAlmajdiah (20,000+ units)

Growth has leaned on strategic partnerships with six Saudi real-estate and investment players - Osus Real Estate, Innovest Real Estate, Jawdah Real Estate, Deal App, Aqar App, and Nawat Investment - the kind of local alliances that open doors international vendors struggle to reach. The company reports 150+ partners and 500+ companies on the platform, operating across more than 15 Saudi cities with expansion announced toward Egypt and Abu Dhabi.

The Record

How Munjz got here

2017

Founded in Riyadh

Abdullah AlDaij launches Munjz as an on-demand marketplace connecting homeowners with approved maintenance technicians.

2021

The pivot to B2B proptech

Munjz transforms into a proptech SaaS company, launching a platform that centralizes property and facility operations for businesses.

2023

$5M Series A

The company closes its Series A led by regional proptech and real-estate investors to fund product and expansion.

2024

Regional expansion

Munjz announces plans to enter Egypt and Abu Dhabi and consolidates its brand around Munjz Connect.

Questions & Answers

The things people ask about Munjz

What does Munjz do?

Munjz builds cloud-based facility- and property-management software (CAFM + PMS) that unifies maintenance, assets, vendors, tenants, and finances for operators in Saudi Arabia.

Who founded Munjz and when?

Munjz was founded in 2017 in Riyadh by Abdullah AlDaij (CEO), with co-founders Ali AlHammali (CTO) and Jasem Alomran (CMO).

How much funding has Munjz raised?

Munjz raised a $5 million Series A round in 2023 from Vision Ventures, Almajdiah Investment Co. and the Watheeq Proptech Fund, with total funding reported around $6.3 million.

Who are Munjz's customers?

Property operators, government bodies, healthcare, education, and chains such as McDonald's, Dunkin', and DHL. The platform reports 150+ partners and 500+ companies.

What makes Munjz different from global competitors?

Munjz is Arabic-first, hosted entirely on Saudi cloud infrastructure, and delivers software alongside services - built specifically for the Saudi market rather than adapted from English-first tools.

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The Directory

Find Munjz

Video: search "Munjz Connect" on YouTube for product demos and founder interviews. Direct links were not confirmed at publication and are omitted rather than guessed.